I'm new to WealthScript. How can I get the S&P quality ranking for a stock (eg. MO has a quality of A)?

Thanks

What is the ranking about? Is it a formula? Or is it published on a webpage or similar source? In this case we need a pointer to a page to get this ranking from.

Fidelity has it in their stock screener as "S&P Earnings and Dividend Rank." It's also known as the "S&P Quality Rank." It's a rating (A+, A, A-, B+, etc). I don't know where it's published, just that Fidelity has it in their screener. It's not commonly published (ie. I don't see it on Yahoo). I just want to put it up on a chart as a text string for the charted security.

Thanks

Seems like this criteria requires logging in to Fidelity's site just to view. Sorry, can't help with that.

The formula of that "S&P Quality Rank" couldn't be found quickly. I'm sure you might have the formula (or a pointer) if you're using it for trading? In this case, we could try program it using WealthScript.

Standard & Poor's Earnings & Dividend Rank
The Standard & Poor's (S&P) Earnings and Dividend Ranking System measures the historical growth of earnings and dividends. Those companies with high growth in earnings and dividends rank higher than companies whose earnings and dividends grow more slowly or not at all. The starting point in the ranking process is a computerized scoring system based on per-share earnings and dividend records over the most recent 10-year period, a time period sufficient to measure a company's performance under varying economic conditions. The system measures growth, stability within the trendline, and cyclicality. From these, scores for earnings and dividends are determined. The system makes allowances for company size, since large companies have certain inherent advantages over smaller ones.

Once computed, a final score is measured against a scoring matrix. The results are reviewed and sometimes modified, because no mechanical system can evaluate the many special considerations that could effect a company's earnings and dividend record.

The Standard and Poor's Earnings and Dividend Ranking System has seven grades:

A+, A, and A- are above average
B+ is average
B, B-, and C are below average
An NR designation (no ranking) is given to common stocks with insufficient historical data or because the stock is not amenable to the ranking process. As a matter of policy, Standard & Poor's does not rank the stock of foreign companies, investment companies, or certain finance-oriented companies.
D signifies a company in reorganization.

Yep, already saw this but there ain't no formula in there. Seems like a proprietary something.